RE:RE:RE:RE:If we hitThere is some discussion on the topic on wm board,particularly under "Note" with respect to Area 52. Area 50 is on the NW area where WM had the 800m extension. The rest of the post is a napkin math for WM area (more than double the RE of ~10Moz discussed by ES), for those interested . Pasted below for info:
"There is no need to wait for ES to do his napkin math. He has done it with his 500 x 500 x 500m x 2.8 s.g., assuming 1gpt and came up with something like 10MozAu.
Double the length (i.e. by using a 500m, instead of 800, extension) with the same conservative grade of 1gpt would double the RE, or 20MozAu. For the full 800m extension, or to be a bit more generous one can use 1000m extension to take it right to the boundary with BAR up in the NW corner (Area 50), would increase the RE to about 34MozAu (500 x 500x1500m x 2.8 x 1gpt/31 = 33.8Moz ~34Moz).
Note Area 52 is in the south end (bottom of Fig 1) near hole FA-19-099. The closest hole to BAR boundary on the south side are holes FA-19-087/091. WM will drill that area further, according to the NR.
Thought it was great news, if the market looked at the big picture. But the SP dropped by ~1%? May be we need some words from Uncle Eric... something like "un-heard-off", "un-believable", OMG/OMG/OMG, etc...to get the SP back up."
GH11
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diabase1 wrote: That should have read 300m from BAR's western Area 50!!!! Sorry about that.